Sudan economic crisis deepens

– Sudan slashed the official value of its currency by more than half against the US dollar yesterday – the third devaluation this year in the face of a mounting economic crisis.

The move came just weeks after President Omar al-Bashir replaced the government over its failure to curb economic woes, including soaring food prices.

The central bank pegged the Sudanese pound at 47.5 against the dollar. –

Khartoum